LONDON (Reuters) – British online fashion retailer Boohoo reported a 28% fall in annual core earnings that reflected significant freight and logistics cost inflation and warned that pandemic-related external factors will continue to impact it this year.
The group said on Wednesday it made adjusted earnings before interest, tax, depreciation and amortisation (EBITDA) of 125 million pounds ($156 million) in the year to Feb. 28 – in line with guidance and down from 173.6 million pounds in 2020-21.
($1 = 0.8020 pounds)
(Reporting by James Davey; Editing by Kate Holton)
